UAE | Bright Future - International Recruitment Services
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UAE

Dubai is a popular destination for expats from all across the globe, not just for the opportunities it promises but also for the lure of living a ‘tax-free’ life. The UAE is known as a tax-free country, but what does that really mean for those living here or for expats looking to move to Dubai? Here, we explain the ins and outs of taxation in Dubai and everything you need to know about working and living here from a taxation point-of-view.
To answer the question on everyone’s mind, yes! Dubai is largely a tax-free country with massive tax advantages for those who live and work here, but there are circumstances in which you will be required to pay taxation in some form. The UAE has been toying with the idea of introducing income tax in the country for a long time; in 2010 there were alarming headlines screaming about Dubai residents having to prepare to pay taxes but these turned out to be measures imposed by the Emirate of Dubai to collect fees from car registration, road toll and Emirates ID cards, Which is a form of taxation, but not really of any significance compared to individual earnings in the emirate.

Income Tax

The UAE Federal Government does not impose taxes on the wealth of companies and individuals in the UAE, and contrary to some reports, the ruling family of Dubai has indicated that Dubai will never resort to taxation as a means of relieving debt, so it is unlikely that we will see any income tax levied in the years to come. However, if you are earning an income in Dubai, but are a tax resident of another country, you may be liable to declare your income and pay taxation on it. For example, if you are a tax resident of the UK and you own a property in Dubai that you earn a rental income from, you are required to declare this income on your British tax returns and may potentially have to pay tax on it, subject to certain conditions. The same is true if you move to the UAE for 6 months to live and work here but remain a tax resident of the UK; in this case you are likely to be subject to taxation in the UK. Alternatively, if you move permanently to the UAE and are out of the UK for a full tax year, you may be able to earn a 100% tax-free salary in Dubai under the following conditions as published on the HMRC website:

  • If you are absent from the UK and not employed in the UK for more than one full tax year
  • You spend less than 183 days in the UK during the tax year
  • You average less than 91 days a tax year during your visits to the UK for a maximum period of 4 consecutive years (normally, for tax purposes days of arrival and departure are not counted as days spent in the UK).

 

However, each person’s circumstances are unique and it is advisable to consult an accountant or oversees tax consultant. More information on income tax when leaving the UK is available here.

Corporate tax

Each emirate has its own laws on corporate taxes for companies operating within the emirate, but in reality taxes are imposed only on the following entities:

  • Foreign gas or oil producing companies dealing in oil or hydrocarbon production within the UAE. Although the tax rates are generally 55% of the company’s operating profits, they vary based on individual agreements between the company and the emirate in which it is operating. These agreements are usually confidential and rates may range from between 55% to 85%.
  • Branches of foreign banks operating within each emirate are subject to corporate tax, although not all emirates enforce this law. In Sharjah, Dubai, Abu Dhabi and Fujairah, foreign banks are subject to tax rates of 20% on their taxable income. There may be sligh variations in the rate from emirate to emirate.

 

“Cultural diversity” training is one of the compulsory early training events for any new employee. The N&M Bright Future company provides competitive compensation and benefits, while the remuneration system is reviewed on an ongoing basis to ensure the company is able to attract and retain the right caliber of employee.

 

The internal advancement policy is supported by a very active training and development infrastructure, including an E-Learning facility where 30 different training programs are available. Some of these are compulsory when transferred or promoted to certain positions, while many staff elect to complete programs of their choice through the Internet from their place of residence or dedicated facilities in the company offices and accommodations.

The N&M Bright Future Company still manages to make employees feel part of the “DDF family”, the result of a strongly people-focused management culture.

 

Emirate currently employs over 6,000 staff of 47 different nationalities and is one of the premier “employers of choice” in the UAE. This is evidenced by the fact that the company received more than 81,500 unsolicited job applications during the last year.

UAE National Programs Working Environment Rules & Regulations
Operations: Sales Assistant - Retail Operations
Support Departments: Marketing, Purchasing, IT, Finance & HR (Jobs are identified as per company requirements)

Benefits of working at the Dubai Duty Free

Competitive salary package
Annual ticket
Free transportation within Dubai & Sharjah
Free uniform and uniform laundry service
Health Insurance
Training & Induction as per the needs of the job
Participation in different activities and events sponsored by Dubai Duty Free.
Continuous development process through training programmes and educational seminars
Potential growth based on performance and opportunities for promotion

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